Adept
at scrutinizing claims in all lines of Insurance like Property, Liability,
Marine and Miscellaneous including death & health portfolio as well as
recommending sanction of claim payment after crosschecking credentials of
the claim

A
strategic planner with expertise in designing and implementing risk
mitigation systems / procedures to enhance the overall efficiency of the
organisation in line with the corporate business goals.

Demonstrated
excellence in interfacing with underwriters for adequate risk coverages in
accordance with the business requirements.

Domain
expertise in having a significant financial impact for claims as well as
instituting measures for minimizing the risk of losses, resulting in
reduction of unforeseen events.

Generating and compiling reports based on his or her
findings, complete with recommended improvements to or new requirements for
business processes and operational procedures

Underwriting Operations:

Deciding whether applications for insurance cover (risks)
should be accepted and on what terms after assessing a risk according to the
likelihood of a claim being made by weighing up a number of factors

Study / Identifying bad risk of insured property and suggest
required protective mechanisms (Sprinkler, Hydrant and various detection
system) to improve the Risk according to NFPA or FM Global standards

Identifying risk areas for the organisation, placing
effective control mechanisms and mitigating losses on account of fraudulent
claim practices, designing risk policies for the organisation from claims
control perspective and ensuring that actual losses do not erode the actuarial
pricing assumptions

Spearhead activities related to financial reengineering
including preparation of business requirement document for setting up of
product and for other functional/ inter-departmental business requirements.

Ensure availability of requirements and conduct tests on
functionalities/ modules.

Review and formulate resolutions to inter department
production issues.

Render support to the finance team on PADM (Individual &
Group Business), Parallel linked systems to PADM, Reporting Modules, Month End
support to revenue and other teams.

Focus on development & maintenance of productive banking
relationships and establishment of new tie ups based on business requirement in
compliance to domestic & international treasury policy.

Coordinate with domestic & international teams in
validation & reporting on bank charges.Monitor CMS service across India including
month end compilation of outstanding & ageing report on collections.

Involved in preparation of reports like Reconciliation for
PAN India Collections, Bank Reconciliation for Unit linked accounts and
month-end Support to Investment Accounting.

Reliance Life Insurance Company Private Limited, Mumbai

Assistant Manager – Advisor Licensing

Key Deliverables:

SPOC
to CDA STMs’ (Team strength of 58 members)

Handled
Master Trainers payouts and appointments

Maintained
license records and publish the reports across functions and all branches

Analyzeddata of appeared / registered and passed
candidates on weekly, monthly and quarterly basis

Resolved
queries related to License and results of advisors

Uploaded
results of all candidates online and on internal dashboardof the organization

Consolidated
and sharing data related to results of candidates with all branches across
nation

Coordinated
with internal IT team for updating and up gradation of data on internal
system

Managed
current vendors and their contract documents and communicated with vendors
on time to time basis.

Coordinated
with finance department for settlement of vendor bills

Coordinatedwith company trainers across nation
regarding issues related to training of the advisors on monthly basis and
updating same to the internal higher
management

Downloaded
results from IRDA website and prepared MIS and sharing with higher
management and branches across the nation

Resolved
branch queries on daily basis and replied on timely manner

Communicated
with NSE-IT in case of any issues related to results

Torus InsuranceBusiness Solutions

Job Objective: SeniorAnalyst ( Insurance operation support)

Key Responsibilities include:

Responsible
for all Quality related issues for claims and Underwriting operations team.